Personally, I am not interested in holding a property that is an hour away from me nor to I feel that these numbers would be but I'm the rookie with minimal knowledge.The reason for my attention to this is that it is a learning opportunity for me and if I could possibly help her out then that creates the WIN WIN that investors are trying to accomplish.Bigger Pockets community, lets see what can be done if anything...Eric

When I sell a house the EMD is not a big deal and minimal.  

This would minimize the vacancy during reno...The reno is more like a facelift for the bathroom/kitchens...not a full reno.

We hope that with help of this forum and community, we will minimize our losses and maximize our gains.Our plan is to payoff our home and begin investing at the same time.

We wanted to pick a lower cost area for our first deal to learn the business and minimize potential risk. 

Hello BP Forums i ran into a delaying problem earlier today.

I didn't want to lose due to delayed appraisal.

You will pay a fee at closing but it is minimal.

The 200k are sitting on my bank account, are there any options for me to minimize my tax bill?

But I'm looking for a low risk deal to minimize financial damage.